Arabtec, the construction firm part-owned by Abu Dhabi state fund Aabar, said it launched a joint venture with South Korea's Samsung Engineering Co that would focus on large energy and power-related projects in the region.
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Dubai contractor Arabtec said on Sunday it won a 710 million UAE dirham ($193.3 million) contract to build a tower in Dubai. The contract value is for the first stage of the project.
The project will take 38 months to complete, it said in